4 ms·

WoW gold and FF14 Gil are not decentralized, and Monopoly money cannot be sent over the internet.

• tsimionescu 4y ago
  My point is that "amount being transacted" is a completely irrelevant metric for the usefullness of something to society. Not to mention, the actual transaction rates (the interesting tech part) are several orders of magnitude smaller than any form of fiat money, for the bigger chains at least, with the only solution in sight being things like Lightning, also known as "let's give up all the guarantees that the blockchain offers". Finally, WoW gold at least is actually quite decentralized, since anyone can stand up their own bootleg WoW server and start transacting it. And even on the official servers, transactions are happening separately on each different server, they don't need a single centralized ledger like BTC or ETH.
  • birracerveza 4y ago
    >Finally, WoW gold at least is actually quite decentralized, since anyone can stand up their own bootleg WoW server and start transacting it. And even on the official servers, transactions are happening separately on each different server, they don't need a single centralized ledger like BTC or ETH. Thanks for confirming that you have no idea what you're talking about.
    • tsimionescu 4y ago
      That was mostly tongue-in-cheek, to illustrate that "decentralized" can mean many very different things. In some senses, and especially if we include bootleg WoW servers, the WoW gold economy really is decentralized. Of course, it's actually just made up of many centralized communities, with 0 access to each other, and each being entirely ruled by 1 central authority - essentially the opposite in every way of blockchains.